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$110k by the end of today, might even be in the cards, though we ONLY have 7 hours remaining in today's candle if we go by UTC. We might get to touch upon $120k by the end of this weekly candle? And who knows if the price would be stable at those prices or have a few bounces up and down, yet what seems to be our ongoing upwards price pressures is nothing to sneeze at..
There is little chance of bitcoin hitting $110k today in my opinion, but it's still possible to achieve it in the next day if bitcoin is able to maintain its current price range. Strong demand so far has driven price increases which I think are quite significant, but you are certainly right that we still have to think that a correction may occur. I'm not sure what the price will be at the end of the week, but if $110k can be hit today or tomorrow, then we can expect $120k to be hit soon.